What is the term used for doubtful or disputed accounts,which are partly or totally uncollectible?
A) Bad debts
B) Valuation allowance
C) Provision expense
D) Debtor accounts

Question

Quizplus · Accepted Answer

The term used for doubtful or disputed accounts, which are partly or totally uncollectible, is "Bad debts". This represents the amount that a company cannot collect from its customers or clients due to various reasons such as bankruptcy, insolvency, or other reasons.

What Is the Term Used for Doubtful or Disputed Accounts,which